Continuing iPhone 12 demand is exceeding Wedbush’s most bullish expectations, with the firm predicting that a $3 trillion Apple market capitalization can be hit by mid-2022.
Credit: Andrew O’Hara, AppleInsider
In a note to investors seen by AppleInsider, lead analyst Daniel Ives writes that recent supply chain checks in Asia continue to be “incrementally bullish” around iPhone 12 and iPhone 12 Pro demand. The current trajectory is higher than Ives’ previous bull case scenario for the December quarter.
More Stories
Republican opposition to Trump impeachment trial grows
Microsoft to integrate Teams with SAP as partnership expands
Deals: Apple's M1 Mac mini is on sale for $645, plus bonus savings on every other config